Were the two profit drivers in the Second Quarter for General Motors and more importantly for investors, margins were above 10 and for the remainder of this year General Motors expects business to be Even Stronger in part because of pickup trucks in north america. Our pickup share in the Second Quarter was up close to 3 Percentage Points on a year over year basis. So we continue to see a lot of Strong Demand for fullsize pickups, suvs and crossovers. To drive that point home think about this. Year to date General Motors pickup sales, both fullsize and midsize up 25 . Thats one reason why gm is doing so well in north america which we saw in the 2q numbers. Eli lilly beat the street. Meg tirrell, the Company Raised its forecast for the year. The beat on the adjusted earnings was 16 cents. Raise only by 10 cents though. Ceo on squawk box this morning address what went into that question. As we are launching products and bringing drugs through our late stage pipeline that drives certain am
Seventh straight session. Dropping triple digits today. For the year the dow is actually down the better part of 3 . S p 500 is still positive for 2015. But its broken a technical level, slipping below the 200day moving average. Twice in the summer it has bounced on that. Will it do that from here . The dollar hit highs not seen since april, but if im looking at the screen to the right of me correctly, it is raised those gains and now in negative territory for the session overall. Despite that, Oil Continues to be under pressure. Prices down about 5 1 2 percent for the week. Oil light sweet crude is just trading above 44 a barrel. If we break that it will be significant. Check out the yields on the benchmark 10year treasury notes. Yields down to 2. 18 . Despite the view that the fed might be hiking on this payroll data in september. Vrm the nasdaq is the biggest loser right now. Kate rogers is following the action. It is not quite as ugly as it was here yesterday. We are less than by t
Bill. The other group that we are seeing have the biggest reaction is perhaps the medicaid exposed insurers. So were seeing here molina is up by 2. 4 . Centin, wellcare, a couple of other insurers that are trading higher. Theres Something Else from the bill and im looking here as we are all trying to piece through the bill and look at the various pieces of it, apparently this latest proposal will provide an additional 50 billion over four years to stabilize the insurance exchanges. So even some of the larger insurers have been reacting, not as dramatically as this. But they are higher today. In fact, if you take a look at the groups that are moving in the s p 500 on the bloomberg, on the imap youll see that health care is in the top spot. And in fact has been rising all week. And has been outperforming the s p 500 all year. Health care in the top spot here, up 1. 25 . As we see these gains here as we get these details of the bill. Again, with the caveat that we dont know if this is wha
Mr. Nichols thanks very much, andrew. It to begin with thanks dont even know if they are in the room but they have been amazing for the work behind the scenes. I have been getting a lot of plaudits for my work. They are doing the work. He is probably in the back room interviewing someone for us. I want to set the state the stage with woodrow wilson. There are some places where maybe this is a little sketchy and we can think about this without me finetuning my own argument. So, on january 8, 1918, woodrow to thewalks purposefully center of the capitol to address a joint session of congress. Much of his cabinet had not been consulted about what was to become the most important foreignpolicy speech of his career. It is among the most important foreignpolicy pronouncement is in u. S. History, nicknamed the 14 points, his enumeration of 14 points he deemed essential to creating a lasting peace. We are all fairly aware of this. Once lofty, idealistic, strategically vague, along with the expe
Thus far, turbulent seems a more givenair description, that trump has exploded so many of the historical norms that have long governed the conduct of the presidency. The question now is whether we are living in the new normal of chaos or whether the president and his evolving team have both the capacity and the will to run the country in a way that preserves some sense of order at home and abroad. Joining me now to discuss, from washington, is andrea mitchell. Chief the formidable Foreign Affairs correspondent for nbc news. With me in new york, a veteran journalist and an editorial director of time, inc. Im pleased to have them. Andrea, youve done this for a while, as have we all. Has this first month been about what you would have expected, a little worse, a little better, when you were coming out of the surprise of the election and through the transition into the inauguration . Andrea i think it was as expected, if you looked at the campaign, at the rhetoric, at the transition. But i